IIFL Finance Limited , a leading retail-focused non-banking financial company (NBFC), has announced its financial results for the first quarter, demonstrating robust growth and recovery across key business segments.

Financial Highlights

• Consolidated profit after tax (PAT) reached ₹274.00 crore, up 9% quarter-on-quarter (QoQ)
• Assets under management (AUM) grew to ₹83,889.00 crore, a 7% increase QoQ
• Gold loan AUM surged to ₹27,274.00 crore, marking a significant 30% growth QoQ and 85% year-on-year (YoY)

Segment Performance

• Home Loans: AUM grew 14% YoY and 1% QoQ to ₹32,017.00 crore
• MSME Loans: AUM rose 13% YoY to ₹13,939.00 crore, though down 2% QoQ
• Microfinance: AUM stood at ₹8,916.00 crore, down 26% YoY and 10% QoQ

Key Financial Metrics

Management Commentary

Nirmal Jain, Managing Director of IIFL Finance, stated, "Q1 has been a quarter of revival and reassurance. Our Gold Loan business has not just recovered post-embargo—it has surged to a new peak in loan AUM, reaffirming customer trust and branch-level resilience."

Kapish Jain, Group Chief Financial Officer, added, "The year has started on a strong footing both on the top line and bottom line with the flagship business of Gold showing smart AUM growth of 30% q-o-q and 85% y-o-y supported by healthy LTV, improving yield and best in class asset quality."

Strategic Initiatives

• Received RBI approval to open 10 branches in Jammu & Kashmir and 500 in locations across India
• Commenced AI initiatives with a dedicated team to implement transformation across business and customer-facing processes
• Strengthened governance with the appointment of former RBI Deputy Governor B.P. Kanungo to the Board of IIFL Finance

Asset Quality

• Gross Non-Performing Assets (GNPA) ratio stood at 2.34%, up from 2.23% in the previous quarter
• Net Non-Performing Assets (NNPA) ratio was 1.13%, compared to 1.05% in the previous quarter

IIFL Finance continues to focus on its digital transformation strategy, blending its extensive physical branch network with robust digital platforms to ensure seamless customer experiences and cost-effective scaling.

The company remains cautious on the MSME and microfinance segments due to current headwinds, emphasizing strengthening credit, recovery, and collection processes in these areas.

With a network of 4,872 branches and a customer base exceeding 4.6 million, IIFL Finance is well-positioned to continue its mission of enabling credit access for India's underbanked population.

IIFL Finance Limited , a leading non-banking financial company, has reported robust financial results for the first quarter of fiscal year 2026, along with significant leadership restructuring.

Financial Performance

For the quarter ended June 30, 2025, IIFL Finance posted a consolidated net profit of ₹274.17 crore, showcasing the company's strong financial position. The consolidated total income reached ₹2,959.30 crore, indicating substantial growth in the company's revenue streams.

On a standalone basis, the company reported a net profit of ₹132.77 crore and a total income of ₹1,485.56 crore for the same period.

Key Financial Metrics

The company's performance is further underscored by impressive financial ratios:

Leadership Restructuring

Alongside its financial results, IIFL Finance announced several key leadership changes:

1. Mayank Sharma has been re-designated as the Chief AI & Innovation Officer. With nearly 30 years of professional experience, including over 25 years with the IIFL Group, Mr. Sharma will now lead AI and digital transformation initiatives to enhance business scalability and operational efficiency.

2. K S Praveen has been appointed as the Head of Internal Audit. Mr. Praveen brings over 22 years of rich experience in the Banking and Financial Services sector, including 19 years with the Reserve Bank of India.

3. Binay Kumar Mishra joins as the Head of Legal. With over 21 years of experience in the legal and regulatory domain, Mr. Mishra's expertise includes litigation strategy, regulatory compliance, and corporate advisory.

Business Expansion

During the quarter, IIFL Finance continued to expand its operations. The company allotted 4,13,897 equity shares under its employee stock option schemes, reflecting its commitment to employee engagement and retention.

Regulatory Compliance

IIFL Finance maintains a strong focus on regulatory compliance. The company's Secured Non-Convertible Debentures are backed by a first pari passu charge on receivables, ensuring a security cover of 100% or higher as per the terms of the offer document.

Nirmal Jain, Managing Director of IIFL Finance, stated, "Our Q1 FY26 results demonstrate IIFL Finance's resilience and growth potential. The strategic leadership changes will further strengthen our position in the market and drive innovation in our services."

As IIFL Finance continues to navigate the dynamic financial landscape, these results and organizational changes position the company for sustained growth and innovation in the coming quarters.